Conagra Brands maintains annual forecast, shares fall premarket
Conagra Brands shares fell about 3% premarket to $13.75 after the company maintained its annual forecast for organic net sales to fall between 1% and 3% and adjusted EPS between $1.40 and $1.50.
50. 59 billion, and adjusted EPS of 41 cents, compared with expectations of 28 cents, according to data compiled. 7% drop a year earlier. CEO John Brase said there is more work to be done, citing a challenging operating environment.
75 in premarket trading and were down about 18% year to date as of the last close.